Gold Bugs, whatcha doin' ?

[boarderbloke]

Just wondering how gold bugs are playing this retreat? $-50.00/FEB contract.

1) Sold already and are waiting to buy back at a level still lower.

2) Riding it down and will ride it back up again.

3) Not selling, but looking to add on any dip.

4) Sold last week and are moving on to something else(Equities).

Just wondering what the feeling is out there short and long term?

[boarderbloke]

Looking at Feb contract, will support hold it at or above $1360, or will it test support at $1320?

http://www.barchart.com/charts/futures/GCG11

[parsley]

Sold paper gold on Dec 30th. Pars

[boarderbloke]

nice move Pars, no wonder you have a smiley face! congrats! so are you going back in when gold finds support, or are you off to something else?

[parsley]

Gonna buy 300 cows

[furrowtickler]

Buy 200 cows and go on a vacation, take a break from agriville - LOL. Good move BTW.

[cottonpicken]

Taking John Embry's advice and standing still,adding
some if goes real lower.

[cottonpicken]

Taking John Embry's advice and standing still,adding
some if goes real lower.

[parsley]

Who'd keep you in line if I was absent, furrow, seeingst you have a bit of devil in you.
LOL Pars

[boarderbloke]

cotton, where is solid support, where do you think it will turn, do you think 1360 or 1320 or something else? Thanks, DYOD, ya I know

[cottonpicken]

Norcini,says 1365.Quick eyeball looks the same to
me.

The entire global investment club has been simply
looking for entry points.Lots of people kept looking
for a major correction that never came.Most of the
worlds population understands its function,but way
less than 1 out of a 100 of the western world
does.Which is good because it would be completely
unaffordable if they did.(if you love history look up
how many roman legionaires you could hire with
your investments,i know i could conquer western
canada,lol)

I hope it corrects,it was even 35$ in my short life so
i wont hold my breath.

[checking]

Organic paper cows?

[parsley]

Paper cows could work like cutout dolls.

Banking has done nothing to clean up derivatives, so we can look forward to global gambling.iMHO Expensive to "raise" if you wanna play. Pars

[Hopperbin]

Holding my gold cows. The price bounced off of Cottons stated support to close only 40 cents lower. Watched a program about gold mining in South Africa, believe it was stated they produced 40 percent of the world production. Most of the mining companies had something like 7 years before the known deposits run out. They are desparately looking for more deposits. One company was actually blasting and drilling toward a deposit that was 3 miles under ground only to get at another 7 years supply. Gold looks better than cows of the meat variety.

[parsley]

Real gold is pretty.

Of course I'm not bying cows. LOL You're getting to old to spot a wink?
LOL Pars